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Major indexes fall 1%, focus shifts to upcoming Powell speech

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Major indexes fall 1%, focus shifts to upcoming Powell speech

[1/2]People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Nvidia ends barely higher; other tech shares down Initial weekly jobless claims fall Indexes: Dow down 1.1%; S&P 500 down 1.4%, Nasdaq down 1.9% NEW YORK, Aug 24 … Read more

Safran makes an offer for Collins Aerospace’s flight control systems business

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Safran makes an offer for Collins Aerospace’s flight control systems business

LONDON, July 21 (Reuters) – French aerospace group Safran (SAF.PA) said on Friday it had made a cash offer to buy the flight performance and control businesses of Collins Aerospace in a deal valued at $1.8 billion to become a leader in critical cockpit functions. Safran said the purchase would be accretive to earnings per … Read more